Historic Pakistani rupee Philippine peso

Pakistani rupee philippine peso history for December 2023. The highest quote for this month is 0.2001 (22/12/2023) and the lowest 0.20064 (20/12/2023). The difference between high and low is -0.27.

PKR PHP average rate for December 2023 is 0.19638, the change between 01/12/2023 and 31/12/2023 is -0.39 %.

01 December 20231 PKR = 0.1957 PHP
02 December 20231 PKR = 0.1948 PHP
03 December 20231 PKR = 0.1948 PHP
04 December 20231 PKR = 0.1970 PHP
05 December 20231 PKR = 0.1946 PHP
06 December 20231 PKR = 0.1939 PHP
07 December 20231 PKR = 0.1951 PHP
08 December 20231 PKR = 0.1952 PHP
10 December 20231 PKR = 0.1954 PHP
11 December 20231 PKR = 0.1958 PHP
12 December 20231 PKR = 0.1959 PHP
13 December 20231 PKR = 0.1968 PHP
14 December 20231 PKR = 0.1958 PHP
15 December 20231 PKR = 0.1967 PHP
16 December 20231 PKR = 0.1968 PHP
17 December 20231 PKR = 0.1968 PHP
18 December 20231 PKR = 0.1992 PHP
19 December 20231 PKR = 0.2000 PHP
20 December 20231 PKR = 0.1964 PHP
21 December 20231 PKR = 0.1968 PHP
22 December 20231 PKR = 0.1955 PHP
23 December 20231 PKR = 0.1959 PHP
24 December 20231 PKR = 0.1961 PHP
25 December 20231 PKR = 0.1988 PHP
26 December 20231 PKR = 0.1994 PHP
27 December 20231 PKR = 0.1962 PHP
28 December 20231 PKR = 0.1970 PHP
29 December 20231 PKR = 0.1965 PHP

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.